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Slide #54. Synacor — Teknision
Synacor Inc. (Nasdaq:SYNC), the leading provider of next-gen startpages, award-winning TV Everywhere solutions and cloud-based Identity Management (IDM) services, across multiple devices for cable, satellite, telecom and consumer electronics companies in the U.S. and abroad, today announced it has acquired Android development platform company, Teknision. Synacor and Teknision together will enable customers to deliver transformative consumer experiences across Android devices, a step toward Synacor's vision of consumers accessing all media from one place, on any device.
Synacor is a digital technology company that provides email and collaboration software, cloud-based identity management platforms, managed web and mobile portals, and advertising solutions. Co.'s products and services include: Cloud ID Authentication, which manages identity services to handle enterprises without requiring customers to install on-premises identity management systems; Email/Collaboration, which consist of Zimbra that powers mailboxes globally through its network of channel partners and licensed customers; and Managed Portals and Advertising, which provides its customers with opportunities generated by their consumers' engagement across devices.
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Hold (2.00 out of 4)
(ranked lower than approx. 100% of all stocks covered)
Based on Zacks ABR data;
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